Thames Water weighs last-minute rescue backed by ex-Lib Dem peer

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water is weighing a last-ditch rescue from a former Liberal Democrat peer working with a little-known financial services firm, which claims it can unpick the teetering utility’s complex corporate structure to better serve the … Read more

Veteran mining boss Friedland hails Trump’s ‘intelligent’ copper tariffs

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Billionaire mining entrepreneur Robert Friedland welcomed US President Donald Trump’s vow to impose a 50 per cent tariff on copper imports, arguing that domestic production of the metal was “fundamental to America’s national … Read more

Bank of England fines MasterCard’s Vocalink £11.9mn for risk management failings

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has imposed an £11.9mn fine on Vocalink, an offshoot of Mastercard that operates a key part of UK payments infrastructure, over its “ineffective risk management framework” and weaknesses in internal controls … Read more